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Fri, 02 Oct 1998
PT Hankook Ceramic buoys business in RI
PT Hankook Ceramic buoys business in RI Ceramics company PT Hankook Ceramic Indonesia was founded in 1991 at an investment of US$10 million, with its site at Pasar Kemis, Tangerang, West Java.The company's expansion was rapid.
Fri, 02 Oct 1998
Estrada urges Danes boycott
Estrada urges Danes boycott MANILA (AFP): President Joseph Estrada called on Thursday for a national boycott of rising Hollywood star Claire Danes over published comments in which she trashed the Philippines for its beggars and unsanitary conditions.
Fri, 02 Oct 1998
On foreign currency flows
On foreign currency flows I would like to respond to Mr.C.J.de Koning's two articles in your paper "RI's international stakeholders" on Sept. 18, 1998 and "Risk reduction strategy needed" on Sept. 25, 1998.
Fri, 02 Oct 1998
Bankers told to pay debt in one year
Bankers told to pay debt in one year JAKARTA (JP): President B.J. Habibie has ordered owners and former owners of the country's troubled commercial banks to repay obligations to the government in cash within one year or face stiff legal action, Frans Seda, a senior presidential economic advisor,...
Fri, 02 Oct 1998
Where does Asia go from here?
Where does Asia go from here?By Mar'ie Muhammad The following article is based on a paper presented at the Pacific Rim Forum in Shanghai on Sept. 23, 1998. SHANGHAI: The prolonged and deepening crisis in Southeast and East Asia provides considerable scope for a re-evaluation of, and even further...
Fri, 02 Oct 1998
Canada to join APEC summit
Canada to join APEC summit OTTAWA (Reuters): Canada said on Wednesday it will attend the November APEC summit in Kuala Lumpur despite its concerns over the treatment of dissidents in Malaysia."We are intending to go to Kuala Lumpur, and we will take up concerns with Mr.
Fri, 02 Oct 1998
Anti-dumping charge rejected
Anti-dumping charge rejected BRUSSELS (AFP): European Union members' permanent representatives on Wednesday rejected proposed anti-dumping duties for five years on unbleached cotton fabrics from China, Egypt, India, Indonesia and Pakistan, EU sources said.
Fri, 02 Oct 1998
George calls for criminal proceedings against Soeharto
George calls for criminal proceedings against Soeharto JAKARTA (JP): The scholar and government critic George Junus Aditjondro has called for criminal proceedings to be brought against former president Soeharto, saying there is already enough circumstantial evidence to prove that the latter amassed...
Fri, 02 Oct 1998
PDI 'reconciliation' efforts a failure, Budi Hardjono says
PDI 'reconciliation' efforts a failure, Budi Hardjono says JAKARTA (JP): The government-sanctioned chairman of the splintered Indonesian Democratic Party (PDI), Budi Hardjono, said on Thursday that he has brought to an end his self-initiated effort to reconcile his camp with that of popular...
Fri, 02 Oct 1998
Activists protest rights abuses
Activists protest rights abuses BANGKOK (DPA): A group of Asian political activists staged protests at the Myanmar, Malaysian, Indonesian, Philippines and Singapore embassies in Bangkok on Thursday against growing violations of human rights in Southeast Asia.
Fri, 02 Oct 1998
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Bali's conversion rates on Oct. 1, 1998: TT rates Bank notes rates ------------------------------------------ Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 10,700.00 10,900.00 10,700.00 10,950.00Austrian schilling 1 878.20 948.
Fri, 02 Oct 1998
Economist warns fair election difficult in economic crisis
Economist warns fair election difficult in economic crisis JAKARTA (JP): Noted senior economist Sarbini Sumawinata said it was hard to imagine the realization of fair and free elections in the midst of widespread difficulties in buying inexpensive food.
Fri, 02 Oct 1998
Competition picks trio of talented piano composers
Competition picks trio of talented piano composersBy Yudha Kartohadiprodjo JAKARTA (JP): Many of us are quite familiar with jazz piano compositions. Some of us are even more familiar with classical piano pieces.
Fri, 02 Oct 1998
Trauma counseling seminar for women
Trauma counseling seminar for women JAKARTA: Representatives of women's support groups from around the country are participating this week in a seminar on trauma counseling organized by the Australia-Indonesia Institute (AII) and the Indonesian Women's Coalition for Justice and Democracy.
Fri, 02 Oct 1998
Habibie leads ceremony marking abortive coup
Habibie leads ceremony marking abortive coup JAKARTA (JP): President B.J. Habibie led a brief ceremony at Lubang Buaya in East Jakarta on Thursday morning to mark Pancasila Sanctity Day.The ceremony was attended by Cabinet ministers and the families of the six generals and one captain killed in an...
Fri, 02 Oct 1998
Asian monies mixed against U.S. dollar
Asian monies mixed against U.S. dollar SINGAPORE (Dow Jones): Southeast Asian currencies were mixed against the U.S. dollar in late trade Thursday, as attention remained focused on the Deutsche mark and the yen, and non-Asian markets such as Brazil.
Fri, 02 Oct 1998
CalEnergy ready to settle dispute with local firms
CalEnergy ready to settle dispute with local firms JAKARTA (JP): Himpurna California Energy (HCE) Ltd, a subsidiary of U.S. giant power company CalEnergy Co., owner of the Dieng geothermal power project in Central Java, said on Thursday it was ready to settle the payment dispute with local...
Fri, 02 Oct 1998
Students protest in various cities
Students protest in various cities JAKARTA (JP): Students took to the streets of many cities for various reasons on Thursday, with Jakarta witnessing at least two large rallies focusing on President B.J. Habibie.
Fri, 02 Oct 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 1, 1998: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 325 0 0 AHAP Insurance 400 0 0 Alter Abadi 200 0 50,000 Alumindo Light Metal 325 0 0 Alumindo Perkasa 225 0 0...
Fri, 02 Oct 1998
PDI to fight for ABRI's presence in House
PDI to fight for ABRI's presence in House JAKARTA (JP): The tiny Indonesian Democratic Party (PDI) faction of the House of Representatives will fight for the continued representation of the Armed Forces in the legislative body, a party executive has said.
Fri, 02 Oct 1998
Reporter stabbed, robbed in car
Reporter stabbed, robbed in car JAKARTA (JP): A reporter from the Suara Pembaruan evening daily was robbed and assaulted in his car on Thursday morning after stopping to receive a call on his cell phone.Upa Labuhari had pulled over to the side of the street at about 9 a.m. near the Jl.
Fri, 02 Oct 1998
Asia's banks hold $1,18 trillion in problem loans: Lehman Brothers
Asia's banks hold $1,18 trillion in problem loans: Lehman Brothers TOKYO (AFP): Asia's banks are holding US$1,180 billion in problem loans and face a long, slow road to recovery, the U.S. investment bank Lehman Brothers said in a report here Thursday.
Fri, 02 Oct 1998
Soeharto, Prabowo invited to ABRI anniversary event
Soeharto, Prabowo invited to ABRI anniversary event JAKARTA (JP): Former president Soeharto and his son-in-law Lt. Gen. (ret) Prabowo Subianto, together with other senior retired generals, are to be invited to the Armed Forces' (ABRI) 53rd anniversary on Monday.
Fri, 02 Oct 1998
Our two nations widen mutual partnership
Our two nations widen mutual partnership On October 3, we celebrate the 50th anniversary of the founding of the Republic of Korea.As the Korean Ambassador to Indonesia, I wish on this day to extend a warm hand of friendship to the Indonesian people.
Fri, 02 Oct 1998
Dozens arrested for timber thefts
Dozens arrested for timber thefts SEMARANG: Police on Tuesday confiscated more than 3,000 cubic meters of teak wood in three Central Java districts and arrested dozens of people suspected of stealing and receiving the stolen timber, Antara reported.
Fri, 02 Oct 1998
Rupiah stays at 10,000 level but stocks fall
Rupiah stays at 10,000 level but stocks fall JAKARTA (JP): The rupiah managed to stay relatively unchanged at 10,000 level to the U.S. dollar on Thursday despite several other regional currencies losing ground.
Fri, 02 Oct 1998
Masked men slay 83 in attacks on 'black magic'
Masked men slay 83 in attacks on 'black magic' SURABAYA (JP): A mysterious band of masked men has reportedly killed at least 83 people in the past two months in East Java. The first victims were said to be suspected practitioners of "black magic", but the toll has also included religious teachers...
Fri, 02 Oct 1998
BHP clarifies
BHP clarifies In order to avoid misinterpretation of BHP activities, I must correct several inaccuracies in the article Compensation demand in The Jakarta Post on Sept. 29.Firstly, BHP is not a U.S.-based nickel mining company but a diversified minerals and petroleum resources company with...
Fri, 02 Oct 1998
Man shot dead by robber for defending money
Man shot dead by robber for defending money JAKARTA (JP): A 45-year-old man, who daringly attempted to take on two robbers who had just stolen his company's Rp 60 million (US$5,500), lost his life on Thursday after one of the culprits fired three bullets into his chest.
Fri, 02 Oct 1998
Local cooperatives protest against KDI
Local cooperatives protest against KDI YOGYAKARTA: Representatives of 40 local cooperatives protested against the state-appointed Indonesian Distribution Cooperative (KDI) for selling cooking oil at prices above the current retail prices.
Fri, 02 Oct 1998
Miwon ready to face a global market
Miwon ready to face a global market PT Miwon Indonesia Tbk was incorporated in 1973 as a food manufacturing company, concentrating in fermented food seasonings. In 1995, it was the first company of its kind to be listed on the Jakarta Stock Exchange.
Fri, 02 Oct 1998
Airport authorities foil animal smuggling attempt
Airport authorities foil animal smuggling attempt JAKARTA (JP): Soekarno-Hatta International Airport officials have foiled an attempt to smuggle a collection of reptiles, pythons, monitors and turtles out of the country, an official said on Thursday.Airport quarantine director Lukas A.
Fri, 02 Oct 1998
City should manage all properties: Sutiyoso
City should manage all properties: Sutiyoso JAKARTA (JP): Governor Sutiyoso plans to ask the central government for the authority to manage all government-supervised properties in the capital.Speaking to reporters on Wednesday, Sutiyoso said the request was in line with the reform spirit, which...
Fri, 02 Oct 1998
Labor export firm faces stiff penalty
Labor export firm faces stiff penalty JAKARTA (JP): Labor export company PT Indra Caraka could lose its operational license for inhumane treatment of 350 job seekers who applied for overseas placements, an official said on Thursday.
Fri, 02 Oct 1998
RI crude prices mixed
RI crude prices mixed TOKYO (Dow Jones): Unofficial prices for Indonesian crude grades for September are mixed from official August levels, according to industry calculations released late Wednesday.Prices of some grades including Sumatra Light Crude and Cinta dwindled, while those of the others...
Fri, 02 Oct 1998
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Painting Exhibition: Creative Expression of a Conservation Message, WWF Indonesia and Sally Linder, at Cemara 6 Galerry and Cafe, Jl. HOS Cokroaminoto No.9-11, Central Jakarta (Phone: 324505), 10 a.m. to 5 p.m., until Oct. 3.
Fri, 02 Oct 1998
Govt upbeat about fund for social safety net program
Govt upbeat about fund for social safety net program JAKARTA (JP): Major donor countries and organizations have agreed in principle to fund the government's social safety net program in the 1999/2000 fiscal year, according to the chairman of the National Development Planning Board (Bappenas).
Fri, 02 Oct 1998
Experts fault antitrust bill over monitoring flaws
Experts fault antitrust bill over monitoring flaws JAKARTA (JP): A German consultancy group has faulted the government's antimonopoly bill for not doing enough to bar against manipulation of its implementation by vested interests.
Fri, 02 Oct 1998
BI to continue cutting rates 'as situation allows'
BI to continue cutting rates 'as situation allows' JAKARTA (JP): Bank Indonesia Governor Sjahril Sabirin said on Thursday that he would continue to cut interest rates if the inflation rate was falling and the rupiah stabilized.Speaking to journalists after meeting with President B.J.
Fri, 02 Oct 1998
Asian recovery hinges on japan, IMF believes
Asian recovery hinges on japan, IMF believes WASHINGTON (Dow Jones): Asia's crisis-hit economies should see recovery in the second half of 1999 -- provided Japan executes proposals to stimulate its economy and reinvigorate its banking system, the International Monetary Fund said Wednesday.
Fri, 02 Oct 1998
The second nation-building movement
The second nation-building movement The current state of affairs, which can be described as the greatest national crisis since the end of the Korean War, resulted from a foreign exchange crisis and subsequent management of the nation's finances by the International Monetary Fund.
Fri, 02 Oct 1998
Citibank ordered to pay Rp 8.87b for credit mistake
Citibank ordered to pay Rp 8.87b for credit mistake JAKARTA (JP): The West Jakarta District Court has ordered the Jakarta branch of Citibank N.A. to pay Rp 8.87 billion (US$806,303) in compensation for wrongfully refusing to clear checks written by businessman Hendra Tjoa.Presiding judge H.
Fri, 02 Oct 1998
Akbar Tanjung regrets Anwar's beating
Akbar Tanjung regrets Anwar's beating JAKARTA (JP): Minister/State Secretary Akbar Tandjung aired deep concern on Thursday over the mistreatment of sacked deputy prime minister Anwar Ibrahim.He also said President B.J.
Fri, 02 Oct 1998
Malaysian politics now at a watershed
Malaysian politics now at a watershedBy Nelson Graves KUALA LUMPUR (Reuters): A retired army officer says he no longer ventures outside at night in Malaysia's capital because he fears civil unrest.Kuala Lumpur is hardly under siege, but the officer's anxiety reflects the political sea change under...
Fri, 02 Oct 1998
Pakistan embassy responds
Pakistan embassy responds I refer to the London Observer story How a Third World leader lives beyond his country's means published by The Jakarta Post on Sept. 30, 1998.The whole story by the London Observer is based on a so-called report by Rahman Malik who is now an absconder and against whom an...
Fri, 02 Oct 1998
S'pore planes, ships 'in Malaysia'
S'pore planes, ships 'in Malaysia' KUALA LUMPUR (Reuters): Malaysia said on Thursday that Singapore aircraft and vessels had entered Malaysian territory without permission at least seven times in two weeks.The government, citing noise and pollution problems and public concern, said on Sept.
Fri, 02 Oct 1998
Hotel Mulia 'must keep commitments'
Hotel Mulia 'must keep commitments' JAKARTA (JP): State Minister of Youth Affairs and Sports Agung Laksono has urged the management of Hotel Mulia Senayan to honor their commitment to provide athletes with affordable accommodation.
Fri, 02 Oct 1998
Dong Joe Indonesia boasts a success
Dong Joe Indonesia boasts a success Shoe manufacturer PT Dong Joe Indonesia was founded in 1988 at an investment of US$4.2 million. Foreign investment totaled 80 percent and construction on the plant began the same year.
Fri, 02 Oct 1998
Bob Hasan still oversees athletic body: Official
Bob Hasan still oversees athletic body: Official JAKARTA (JP): The Indonesia Amateur Track and Field Association (PASI) is conducting business as usual, despite the ongoing police investigation into its boss, timber and banking tycoon Mohammad "Bob" Hasan, an official said on Thursday.
Fri, 02 Oct 1998
French Musicatreize plays with music and words
French Musicatreize plays with music and wordsBy Izabel Deuff JAKARTA (JP): For superstitious people, "thirteen" is usually considered a number signifying misfortune. As far as Musicatreize (music played by thirteen people) is concerned, the number has brought it luck.